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Be the first to live in the brand-new full renovation of this classic pre-war corner apartment. This top-floor corner unit has 9-foot ceilings and enjoys full-sky views overlooking the nearby buildings, with windows facing in two directions -- towards Coney Island to the South and Prospect Park to the West. The spacious layout includes a corner living/dining room large enough for comfortable dining and entertaining in its 2-exposure space, an eat-in windowed kitchen, a bedroom large enough for a king-sized bed as well as lounging or studying, a windowed bath and an 8-ft by almost-9-ft foyer.
The completed renovation features new hardwood red-oak floors, new sheetrock walls and paint, and new electric lines and recessed ceiling lighting throughout the apartment, new light fixtures in the kitchen, bedroom and foyer, and new doors, doorframes and knobs throughout.
The kitchen has been meticulously renovated with new white Shaker cabinets with new handles and knobs, quartz countertops with new sink, and new Whirlpool appliances, including a 5-burner range/oven, two-door refrigerator with water dispenser and ice-maker, a microwave and a dishwasher. The appliances come with a 5-year warranty that began in October 2025.
The bathroom was completely renovated with new floors, walls, ceramic tiles and new bathtub, vanity and sink with new plumbing fixtures, as well as a new American Standard toilet and new illuminated bathroom mirror.
345 Montgomery Street, known as The Dearborn, is a magnificent 1928 pre-war gem known as the Jewel of Crown Heights. It is a solid, well cared-for, block-long, pet-friendly six story building with two new elevators, a live-in super and a porter, a garden courtyard, a grand lobby with carved ceilings and cast-iron entryways, and features a ground-floor secured laundry and package room, and optional additional storage and bike storage. New windows throughout all apartments. Electricity is included in the very moderate maintenance, a significant benefit during air-conditioning season.
After three years of residence, subletting with board approval is allowed for up to seven years.
The Dearborn's location a few blocks from either the President Street or Sterling Street 2- and 5-line subway stations makes for a quick commute to either downtown Brooklyn or Manhattan, and the The Brooklyn Museum, Brooklyn Botanic Garden and Prospect Park are all nearby, along with the many dining and cultural attractions of this vibrant neighborhood.
There is a building assessment of $101. 75/month through March 2027.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
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$550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.168% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,533 | $2,635 | $3,537 |
| Total Monthly Payment | $2,625 | $2,727 | $3,629 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.